CALIFORNIA

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Congress grills Bernanke on BofA/Merrill deal

Federal Reserve Chairman Ben Bernanke, facing one of his toughest grillings yet by U.S. lawmakers on Thursday, denied he had ever threatened to fire Bank of America management if they pulled the plug on a planned merger with Merrill Lynch.

Sprint not to face class-action lawsuit

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A U.S. district judge ruled that Sprint Nextel Corp will not face a nationwide class-action lawsuit that claims the No. 3 U.S. mobile company overcharged customers for taxes and refused refunds, court documents show.
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Ford, Nissan to receive U.S. technology loans

Ford Motor Co and Japan's Nissan Motor Co Ltd will receive nearly $8 billion combined in U.S. government loans to spur development of fuel efficient vehicles, the U.S. Energy Department said on Tuesday.
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Apple CEO Jobs at work on Monday: witness

Apple Inc Chief Executive Steve Jobs was at the company's headquarters on Monday, underscoring speculation the pancreatic cancer survivor may have returned to work.
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Toyota confirms Akio Toyoda as new president

Toyota Motor Corp confirmed Akio Toyoda as its new president on Tuesday, promoting the grandson of the company's founder to guide the world's No.1 automaker through the worst downturn in its history.
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Toyota confirms new management under Akio Toyoda

Toyota Motor Corp confirmed Akio Toyoda as its new president on Tuesday, promoting the grandson of the company's founder to guide the world's No.1 automaker through the worst downturn in its history.
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Apple CEO Jobs spotted leaving campus

Apple Chief Executive Steve Jobs showed up for work on Monday and was spotted leaving the main corporate campus in Cupertino, California, a Reuters witness said.
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The Rugged Palm Springs - California, USA

Ah, the pleasures of Palm Springs – sitting poolside, soaking up the sun and sipping on a cool drink. That’s the pampered Palm Springs that most Western New York vacationers think about when they hear the name of this Southern California desert oasis.
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T-Mobile to sell new Google phone in August

T-Mobile USA will begin selling a new smartphone using Google Inc's Android operating software in August, facing off against high-end devices such as Apple's latest iPhone and the Palm Pre.
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Smaller crowds greet new iPhone

Apple Inc's latest iPhone hit stores on Friday with new features and faster speeds, drawing plenty of fans, if not the crowds that had swarmed the previous iPhone debuts.
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Moody's warning on California debt stuns state

California, which is struggling to close a $24.3 billion budget gap, faces the prospect of a multi-notch downgrade in its credit rating if the state's legislature fails to act quickly to produce a budget, Moody's Investors Service warned on Friday.
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Income tax collections drop in states: report

Personal income taxes, a key revenue generator for most U.S. states, plummeted 26 percent, or $28.8 billion, in the first four months of 2009 compared to the same period in 2008, according to a Rockefeller Institute of Government report on Thursday.
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Cal PUC approves SCE 500-MW rooftop solar program

A program to place 500 megawatts of solar photovoltaic panels on commercial rooftops in the Southern California Edison territory was approved unanimously by the California Public Utilities Commission on Thursday.
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California utility cuts new solar thermal deal

Southern California Edison, a utility arm of Edison International, said on Wednesday it had signed contracts to buy up to 960 megawatts of power from solar thermal and wind power suppliers.
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Green Dam Developers faces legal action

The controversial software to filter pornography and other unsuitable websites may face another yet another hurdle. The developers of the Chinese filtering software ‘Green Dam’ may face legal charges from the California-based Solid Oak, makers similar filtering software.

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